CarGurus (CARG) Research & Development (2016 - 2026)
CarGurus (CARG) posted quarterly Research & Development of $37.7 million for Q1 2026, up 7.55% year-over-year from $35.0 million in Q1 2025, and up 20.17% on a QoQ basis from $31.3 million in Q4 2025.
CarGurus (CARG) Research & Development (2016 - 2026) Analysis & Trends
CarGurus (CARG) has reported Research & Development for 11 consecutive years, with $37.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 7.55% year-over-year to $37.7 million; the TTM figure through Mar 2026 stood at $139.7 million (up 0.87% YoY), while the FY2025 annual figure was $138.3 million, down 0.53% from the prior year.
- Research & Development came in at $37.7 million for Q1 2026 at CarGurus, up from $31.3 million in the prior quarter.
- The five-year high for Research & Development was $37.7 million in Q1 2026, with the low at $27.3 million in Q4 2023.
- Average Research & Development over 5 years is $33.8 million, with a median of $35.0 million recorded in 2025.
- Across the five-year window, Research & Development climbed 21.81% in 2022 and dropped 13.4% in 2023, its largest moves.
- Year by year, Research & Development stood at $31.6 million in 2022, then retreated by 13.4% to $27.3 million in 2023, then increased by 11.73% to $30.5 million in 2024, then grew by 2.68% to $31.3 million in 2025, then increased by 20.17% to $37.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $37.7 million, $31.3 million, and $36.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | 52.00 |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | - |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | - |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | - |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | - |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | - |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | - |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | - |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | - |
| 10 | CarGurus | 2.67 Mn | -69.38 Mn | 224.62 Mn | 37.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.67 Mn |
| Dec 31, 2025 | 31.35 Mn |
| Sep 30, 2025 | 36.32 Mn |
| Jun 30, 2025 | 34.37 Mn |
| Mar 31, 2025 | 35.03 Mn |
| Dec 31, 2024 | 30.53 Mn |
| Sep 30, 2024 | 36.36 Mn |
| Jun 30, 2024 | 36.58 Mn |
| Mar 31, 2024 | 35.55 Mn |
| Dec 31, 2023 | 27.32 Mn |
| Sep 30, 2023 | 35.43 Mn |
| Jun 30, 2023 | 37.39 Mn |
| Mar 31, 2023 | 36.61 Mn |
| Dec 31, 2022 | 31.55 Mn |
| Sep 30, 2022 | 30.21 Mn |
| Jun 30, 2022 | 31.35 Mn |
| Mar 31, 2022 | 30.65 Mn |
| Dec 31, 2021 | 27.09 Mn |
| Sep 30, 2021 | 26.54 Mn |
| Jun 30, 2021 | 27.63 Mn |